Property Overview: 64 Brahms Bay, River East, Winnipeg
Key Characteristics & Appeal
This is a substantial, modern home in Winnipeg's River East neighborhood, distinguished by its above-average size and premium valuation. Built in 1995, it is notably newer than most homes on its street and in the wider area. With 2,656 sqft of living space, it ranks in the top 2% of homes in both the neighborhood and city for size. The property sits on an 8,217 sqft lot, providing ample outdoor space.
The primary appeal lies in its combination of space, modern construction, and established location. The assessed value of $827k places it in the top 5% on its street and the top 1% in River East, signaling a premium property within a desirable setting. It suits buyers looking for a move-in-ready, spacious family home without the need for major updates, and who value a property that stands out statistically in its community for both size and value. A thoughtful perspective is that while the home is elite in its immediate area, its city-wide ranking for year built is merely "above average," suggesting it offers modern comforts without being a brand-new build in a developing suburb, appealing to those who prefer mature neighborhoods.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
While the assessed value is in the top 5% on Brahms Bay, the last recorded sale price (late 2023) was in a lower band ($400k-$450k). This significant difference suggests a major renovation, reassessment, or unique market factors may be at play, and verified sale history should be requested.
2. Is the lot size a major feature?
The lot is above average at all comparison levels, offering more private outdoor space than many homes in Winnipeg. However, on its own street, it ranks 9th out of 37, so while generous, it may not be the absolute largest in the immediate vicinity.
3. What does the "Elite" ranking for assessed value truly mean?
It confirms this is one of the highest-valued homes in River East (top 1%), which can be a double-edged sword. It denotes prestige and likely high-quality finishes, but also means you are purchasing at the peak of the local market, with corresponding property taxes.
4. How does the age of the home affect its appeal?
Built in 1995, it is the newest home on Brahms Bay. This typically means more modern building standards, floor plans, and systems, potentially reducing immediate repair costs compared to older neighboring homes, many of which date to the 1980s or earlier.
5. Where can I get exact, verified sale price history?
The public data shown is an estimate. Due to industry rules, exact MLS sale records are not displayed on this site. You must request the full transaction history via email from the service provider to get verified figures.